SPX Has Topped For The Year Or Pabst Will Leave ET

Quote from Walther:

Daily cycle will be completed on 10/6/06 so no one with decent TA knowledge should be entering big positions right now. Ignoring sentiment is OK if you can predict.

Cycle completed
 
ES opened the day session at 1358.50. It is currently at 1353.00, for a gain of 5.50 points.

This system has a remarkable track record for calling swing tops and bottoms.

-Raystonn
 
This thread ( as is most of ET ) is one big egotistical joke.

The emotional energy that is being spent posting back and forth surely cannot be anything more than a "distraction" from what most real traders do . . . trade!

Good Luck.
 
Quote from Landis82:

The emotional energy that is being spent posting back and forth surely cannot be anything more than a "distraction" from what most real traders do . . . trade!

Good Luck.
Sometimes a distraction is just what you need...
 
Quote from kiwi_trader: 10-05-06 10:30 AM

LMAO Pabst ... Pa(b)st Prime ... excellent :)

Thanks for starting such a great thread. One thing - when you spotted how many people agreed that sp was going down it would have been the perfect point to pull your shorts and wait for a spike before going short again (hindsight bias and no attachment to a position I admit).

Possibly I am getting cynical about market behaviour after trading the hsi for too long :(

Looking back on this and the HSI's behaviour in its first hour's trading today I wonder what the rest of the world will experience today. Very cool trading :)

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1225966">
 

Attachments

Back
Top